Vice President, Special Projects
Michael Festa is leading special projects, supporting the chief financial officer for Xerox Corporation. He was named to this position January 2016. Festa was appointed a vice president of the corporation in October 2010. In his current position, Festa is responsible for a variety of special projects, including Business Process Outsourcing portfolio optimization and completion of critical negotiations with some of Xerox’s largest customers.
Most recently, Festa served as chief financial officer for Xerox Services where he oversaw financial operations for the Services Business Group ensuring adequate internal controls, financial discipline and integrity.
Previously, Festa was vice president of business transformation, finance, mergers and acquisitions for the Xerox Global Customer Operations Group. He managed Xerox’s acquisition investments, valuation analysis and negotiations as well as the company’s intellectual property operations. In addition, he was responsible for driving Global Customer Operations infrastructure and business transformation initiatives, including managed print services, remote services and offering simplification.
Festa joined Xerox in 1990 and has held a variety of positions in finance, which includes serving as chief financial officer of both Xerox Europe and Developing Markets Operations, finance executive for the Production Systems Group, and director of corporate financial planning and analysis. Before joining Xerox, he served as a manager at Deloitte and Touche.
Festa holds a bachelor’s degree in accounting from Seton Hall University and is a Certified Public Accountant.